We are in the lower range of the Aroon oscilator, and this suggests we may be near bottom formation. Further, the pattern resembles slightly an fals bear flag pattern and we got a gap fill. Strategy is to BUY $ 1185-195 and take profit @ 265.00, before we will see selling pressure to happen again. We add further BUY @ 165-180 when seen.
Even though we had much lower RSI in the past similarly a gap move down, the pattern currently is an inverted flag pattern (false bear flag) and this suggest we should good pull-back. No change in view and therefore we BUY @ 185-200 and add BUY @ 170 below now. Profit taking @ 275. The correction will likely be around $ 100 up wards.
We are very oversold, and I understand the underlying reasons. However, the liquidation of longs has been overdone, and short positions were added as well. This situation cannot last and requires correction. Strategy is BUY current $ 195-200 and take profit @ 265. I do not see the ened for a top-loss (but one should depending to your personal situation of...
Sorry for the mistake yesterday. The chart was not updated as the market had collapsed due to the release of financials. No doubt the company has to repair some major issues and find away to attract subscribers and change the advertising model. For now, this is a real market GAP and should be filled. I feel we should BUY current market $ 220-235 for a...
Hey there as you know netflix bloody novadays, especially elon musk talk about this company. In technicaly we see double bottom here confirmation is 362 if we retest again 362$ its safe to bought this stocks.
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
It starts feeling we will get a strong run up. The pattern suggest bottoming, and the MACD is turning positive in coming week is my expectation. The buy strategy should be somewhere $ 325-335 and take profit $ 475. the stop-loss below $ 275 for now.
NFLX starts to look like bottom forming, and the $ 320-330 support area looks good. Stochastic is on the low side, and RSI is low and starts to suggest it is a buy opportunity. For now I feel BUY between $ 315-330 for a move back to $ 395. Stop-loss somewhere $ 275 below.
The share is oversold, and it good levels to build-up longs. The RSI is low, and so is the stochastic. The pattern has a type of continuation pattern, and this means we may attract lower levels. Strategy is BUY $ 350-365 area and add on weakness $ 330-320-310. The correction may set in back towards $ 425-450 for the medium-term.
For new comers, NFLX has a buy strategy around $ 380-400 for now, and placing stop-loss $ 350 below is suggested. Profit order should be place somewhere $ 480-485. For those already LONG, take profit $ 480-485 as well and move stop-loss higher to $ 398. The bottoming formation looks good and we even have a GAP higher suggesting we had some interesting...
The sharp downward correction must correct. We currently have support $ 352 DC and a low RSI and a positive stochastic. The gap also is over extended and we should fill it in the coming sessions. I suspect BUYING $ 350-380 for a corrective move $ 475 is feasible. The stop-loss if wished for, I feel below $ 330 for now.
I already updated in weekend. Of course, we need some humor looking at the market at the same time. Considering the GAP due to bad earnings, it is quite obvious that we are extremely oversold. It is a no brainer to suggest BUYING, and of course trading is never for the faint-hearted. PLEASE BUY LOL current $ 390-410 with profit target at a minimum $ 525 - 550....
Got stopped out $ 480 and the surprise financial results created a large down gap. I am re-entering BUY $ 398-405 for a move back towards $ 548 short-term. Stop-loss below $ 365 for now.
Getting closer to stop loss below $ 500 and will change it. Currently suggesting to add a BUY to the position as the RSI is way oversold, and I have not changed view for a corrective action in the near term. Adding current $ 510 and stop-loss moved below $ 475 for protection only, and not for getting stopped out. The profit objective likely around $ 560-575 for now.
Netflix is a strong BUY as the RSI is quite oversold. We are close to major support $ 510and for that reason BUY strategy is suggested. BUY current $ 525-535 for a move back to $ 590 and place stop-loss below $ 500 for now.
There is a bulliish divergence forming on the daily chart of NFLX. A higher low on the price chart and a loer low on the RSI. The resistance is at 626-633. When the price goes above 633 dollars, it is more likely to go up then down. And we might have a trend flip when we go above the 50 EMA.
the nasdaq is going ahead and there's a good place to buy according to my roadmap.